I like this chart a lot. Definitely a few resistance zones to watch out for above us (i.e green top of green tapered buying channel that has bounced us a few times) but we are within our strong purple buying continuation channel which is exactly what is needed to take us out of this resistance level. We are also digging at the bottom of our controlled selling...
Fundamentals: Friday 1/12: 17.111M AVG: 5.304M Technicals: waiting for this trend line touch on the RSI Bearish Divergence Bearish rising wedge Approaching QP and PRZ zone from the initial bounce/extension
The uranium market is experiencing a remarkable surge, and investors are taking notice of the impressive upside potential in uranium stocks. Among the major player leading the charge is NexGen Energy (NYSE: NYSE:NXE ). NexGen Energy (NYSE: NYSE:NXE ) have witnessed share price gains ranging from 7% to 12%. The catalyst behind this rally is the soaring uranium...
In the dynamic world of stock markets, finding a hidden gem can be a game-changer for investors seeking lucrative opportunities. One such gem that has been making waves lately is NYSE:NXE , and there's a compelling case for investors to consider it as a prime addition to their portfolios. As we delve into the intricacies of NYSE:NXE 's recent performance and...
Canadian uranium miner NexGen Energy has received Saskatchewan's environmental assessment (EA) approval to proceed with the development of its 100%-owned Rook I Project. The Rook I Project, which has a total initial capex of C$1.3 billion ($943 million), is the largest development-stage uranium project in the country. NexGen said it was the first company in more...
Long allllll the way baby 24,000 shares currently.....shame about the lack of dividends
I bought NXE today at 4.05 after seeing this nice bull flag setup. I am targeting 5 as a sell target, approximating at 20% gain from my buy point, which could be undercut on Monday. Notice two days of significantly increased volume: 1st on attaining a higher high on 7/27, than again on 7/29 representing the breakout and follow through from the down sloping...
Entry points are $4.89 - 4.96. Ride to the top of the channel.
*NXE getting closer to a New All Time Highs *6 Month Long Base *Price above 200DMA *Volume picking up *Measured target for this move 9.30$
Note the recent volume.
I have been waiting for a clear signal from the uranium industry for a while now, and it's hard to ask for a better set-up than what we are seeing on Nexgen. First we have a capitulation zone (red square) and then a bar close inside the range. Then we have a break out to the upside from the channel, followed by a successful retracement and new highs. Holding this...
$NXE.to $NXE in no mans land but RSI holding above breakout. Watching TEPCO, $CCJ, $U.to and $GCL.L for cues. All seem to be holding up well despite broad sector weakness.
Stock broke out of a consolidation this morning triggering the long trade. Long-term uptrend but stock recently sustained a deep pullback. The recent price action indicates that pullback could be over and another wave to the upside is starting. Conservative target is below early 2017 peak. More aggressive target is above that peak. Can also use ATR Stops--wait...